Anton, Sowerby & Associates, Inc v. Mr. C's Lake Orion, LLC

The Commercial Real Estate Broker’s Lien Act, MCL 570.581 et seq., was enacted to protect the right of commercial real estate brokers to collect their contractually negotiated commissions. The plaintiff commercial real estate broker complied with the act by placing a lien against property over which it had entered an exclusive listing agreement, which had been sold surreptitiously. Plaintiff subsequently violated the act’s clear directive to release its lien once the buyer and seller had funded an escrow account with an amount sufficient to cover the broker’s claim. Plaintiffs continued…